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Dec 27, 2012
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the $16.4 trillion debt limit the money the government can spend to finance its operations. >>> toyota will pay the biggest sum of money ever recorded for a car defect. the proposed $1 billion settlement will resolve a class action lawsuit for hundreds of toyota owners who claim unintended acceleration problems caused numerous crashes, injuries and even some deaths. >>> and chicago wins the dubious award of having the nation's most expensive metered parking. starting on new year's day parking meters in downtown chicago will cost $6.50 an hour up from $5.75. the city leased the meters to a private company for 75 years for the bargain price of more than $1 billion. >> thank you, erica ferrari, cbsmoneywatch.com. >> i love san francisco even more now. you have to have a credit card. that's almost a roll of quarters. >> i just discovered parking cards. >>> if you are heading out doing any traveling on the roads this morning, so far actually things look pretty good outside. we have a nice quiet weather day shaping up. yeah. so a nice dry break. put away the umbrellas for at least a day. it'
the $16.4 trillion debt limit the money the government can spend to finance its operations. >>> toyota will pay the biggest sum of money ever recorded for a car defect. the proposed $1 billion settlement will resolve a class action lawsuit for hundreds of toyota owners who claim unintended acceleration problems caused numerous crashes, injuries and even some deaths. >>> and chicago wins the dubious award of having the nation's most expensive metered parking. starting on new...
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Dec 27, 2012
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this may be linked to rising health insurance costs and different opinions about government guidelines. >>> researchers say an mri is often an effective way to screen for alzheimer's disease. a new study from the university of pennsylvania found the test was accurate 75% of the time in testing a patient's spinal fluid with a lumbar puncture is more accurate. the mri is noninvasive and is less expensive. a lumbar test is advisable for borderline cases. >>> apparently kindness may be the key to prevent bullying. a new study of 9 to 11-year- olds found children who perform acts of kindness like sharing their lunch reported increased feels of happiness. classmates were likely to use them to work on school projects the more a child has acceptance from peers the less likely he will be bullied. >>> for the cost of a stamp a group of bay area women received a priceless gift. it all started with a discovery in a hayward thrift store. pam rousseau found five cards sealed shut with handwritten addresses with no stamps from sue bunker who died two years ago from pancreatic cancer. bunker had plann
this may be linked to rising health insurance costs and different opinions about government guidelines. >>> researchers say an mri is often an effective way to screen for alzheimer's disease. a new study from the university of pennsylvania found the test was accurate 75% of the time in testing a patient's spinal fluid with a lumbar puncture is more accurate. the mri is noninvasive and is less expensive. a lumbar test is advisable for borderline cases. >>> apparently kindness...
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Dec 27, 2012
12/12
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KPIX
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geithner saved the government will take steps to allow more burrough after december 31. danielle nottingham, cbs news, washington. >>> let's look now at the markets. stocks fell sharply by 55 and change. the drop is attributed to consumer confidence falling to the lowest level since august. >>> the storm that moved across the country pushing northeast through new england after plowing through 30 states dumping snow, sleet and spawning dozens of tornadoes. edward lawrence has the latest. >> reporter: the northeast is dig out from a giant storm that dumped more than a foot of snow in some places. >> it's the heaviest snow i can remember. it's shutting the machine down every time of you give it a little push. the ice just clogs it up. >> reporter: the storm started in california last weekend and crossed the country creating blizzards in the midwest and south. several people died in traffic accidents. and the roads remain dangerous for holiday travelers heading home. in arkansas, this man needed a tow after sliding into a ditch. >> going about 55 or 60 and i hit like a chunk
geithner saved the government will take steps to allow more burrough after december 31. danielle nottingham, cbs news, washington. >>> let's look now at the markets. stocks fell sharply by 55 and change. the drop is attributed to consumer confidence falling to the lowest level since august. >>> the storm that moved across the country pushing northeast through new england after plowing through 30 states dumping snow, sleet and spawning dozens of tornadoes. edward lawrence has...
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Dec 27, 2012
12/12
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. >>> a south african government spokesperson tonight said former president nelson mandela was released from the hospital this morning. the 94-year-old was sent to the hospital 18 days ago. he was treated for a lung infection and had gull stone surgery. >>> on january 21, president barack obama will be sworn in for his second four year term. however, washington, d.c. officials are expecting much smaller crowds this time around. in 2008, a record 1.8 million visitors made their way to the capitol to participate in inauguration festivities. d.c. officials expect about 800,000 visitors for this inauguration. >>> a surprise christmas delivery. meet the south bay father who had to jump into action when his baby arrived a lot sooner than expected. >> when we can expect the next round of rain. >>> stockings hung, decorations on the wall, and christmas dinner on the table, when a san jose family received a surprise gift last night. it was dad, not santa delivering this tiny christmas package. >> reporter: it was a gift, they were not expecting this christmas. baby conner. >> i was thinking mid-
. >>> a south african government spokesperson tonight said former president nelson mandela was released from the hospital this morning. the 94-year-old was sent to the hospital 18 days ago. he was treated for a lung infection and had gull stone surgery. >>> on january 21, president barack obama will be sworn in for his second four year term. however, washington, d.c. officials are expecting much smaller crowds this time around. in 2008, a record 1.8 million visitors made their...
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Dec 27, 2012
12/12
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CNNW
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a government spokesman says the former south african president is receiving treatment at his home. mandela is said to be resting and in good spirits. bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes to make them feel better. ♪ you make me happy [ female announcer ] that's why you choose children's tylenol. the same brand your mom trusted for you when you were young. ♪ how much i love you [ humming ] [ female announcer ] children's tylenol, the #1 brand of pain and fever relief recommended by pediatricians and used by moms decade after decade. [ humming ] >>> we have this just in to cnn. you're looking live at air force one as it lands. just back from hawaii. the president had to cut short his vacation there. his holiday vacation so he could deal with the looming fiscal cliff. all eyes are
a government spokesman says the former south african president is receiving treatment at his home. mandela is said to be resting and in good spirits. bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes...
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Dec 27, 2012
12/12
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LINKTV
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the government enjoys air superiority and is using it without reserve. but these rebel fighters are already getting ready for a full series. they are training for the creation of a future syrian army. >> after liberating several areas, our thinking is that it shifted the for the syrian national army. our main goal is to topple the regime of, but we need to find an alternative to a takeover. >> organized and eager. they have inherited a lot. >> thousands of people have taken to the streets for the third time this week, protesting a number of arrests, targeting city officials. >> thousands have taken -- the ministers bodyguards are arrested, accusing the government of being sectarian. >> this crowd is not political or sectarian, but represents everyone became for the marginal elevation. when we say the injustices happen, it doesn't mean we want to take the country to a civil war. >> the governor of the prime minister has denied allegations of adopting sectarian policies. >> this is an effort to return the sectarian divide after they lost voters and the con
the government enjoys air superiority and is using it without reserve. but these rebel fighters are already getting ready for a full series. they are training for the creation of a future syrian army. >> after liberating several areas, our thinking is that it shifted the for the syrian national army. our main goal is to topple the regime of, but we need to find an alternative to a takeover. >> organized and eager. they have inherited a lot. >> thousands of people have taken to...
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Dec 27, 2012
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CNNW
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the federal government tested toyota. they said it was floor mats or sticky throttle or something like that and i believed the government. >> 7,000 miles later on the day after christmas, she says she was pulling in to a parking spot at a local mall, gently riding the brakes when she says -- well, take a listen. >> the car just lurched forward and hit the cement wall in front of us. >> she jammed on the brakes so hard, she says she strained ligaments in her foot causing massive swelling. when she called the dealership, the salesman insisted she call a toyota company salesman. >> you will not drive this again? >> i will not drive it again. >> toyota never conceded. there was an internal document written in japanese with english translation that shows in one instance during pre-production testing an electronics software problem was discovered. toyota says it has nothing to do with unintended acceleration. other safety experts disagree. drew griffin is here tonight. first a big settlement earlier this month and now this. is
the federal government tested toyota. they said it was floor mats or sticky throttle or something like that and i believed the government. >> 7,000 miles later on the day after christmas, she says she was pulling in to a parking spot at a local mall, gently riding the brakes when she says -- well, take a listen. >> the car just lurched forward and hit the cement wall in front of us. >> she jammed on the brakes so hard, she says she strained ligaments in her foot causing...
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Dec 27, 2012
12/12
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KRON
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widespread tax increases and automatic government spending cuts will kick in next week. both sides are due back by thursday and have vowed to make a final attempt. stay with us. another check of the forecast. after the break. a puppy stolen from th hey, dad. i love boleros. share what moves you. go, go, go-- yes ! you've got to get one of these. share a great performance. what are you doing ? this tools app is awesome. share the perfect plan. that is awesome. i'm gonna be right back. share everything. this holiday, get verizon's share everything plan. unlimited talk, text, and shareable data across your family's devices. all in one plan. get a spectrum 2 by lg for $49.99 >> and a pop be stolen puppy--- oregon humane society is now home with his rightful owners. chris woodward tells us how social media may have played a role in his return. >> back in the arms, there's no idea what he has been true. >> i was excited. >> moments, they got to be able to see him for the first time since he was stolen. >> he is and my arms again. >> they were here to adopt >> they said that he
widespread tax increases and automatic government spending cuts will kick in next week. both sides are due back by thursday and have vowed to make a final attempt. stay with us. another check of the forecast. after the break. a puppy stolen from th hey, dad. i love boleros. share what moves you. go, go, go-- yes ! you've got to get one of these. share a great performance. what are you doing ? this tools app is awesome. share the perfect plan. that is awesome. i'm gonna be right back. share...
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Dec 30, 2012
12/12
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WJLA
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. >> this weekend, government issued the's are arriving at the capitol signal talks are still going on, but the americans are getting impatient. >> sit down, get in a room, and don't come out until you get this taken care of. >> right now, harry reid and mitch mcconnell are working on a so-called mini deal to prevent a tax increase for roughly 98% of american workers, extending unemployment benefits to nearly 2 million people, preventing cuts to medicare doctors. >> whenever we come up with will be in perfect. >> it comes up with president obama calls the bare minimum addressing tax cuts without doing anything to curb spending. >> we will get at best a patch and be here again in two months. congress cannot get out of its own way. >> average family would pay an extra $3,400 next year. >> the law says that every american's tax rates are going up. every american's paycheck will its mother. if that the impasse has shaken wall street, -- the impasse has shaken wall street. >> i think the likelihood is we go over the fiscal cliff. >> jim moran is wondering if partisan politics has destroyed
. >> this weekend, government issued the's are arriving at the capitol signal talks are still going on, but the americans are getting impatient. >> sit down, get in a room, and don't come out until you get this taken care of. >> right now, harry reid and mitch mcconnell are working on a so-called mini deal to prevent a tax increase for roughly 98% of american workers, extending unemployment benefits to nearly 2 million people, preventing cuts to medicare doctors. >>...
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Dec 29, 2012
12/12
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WJLA
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he plays for a private school, not governed by florida high school athletic association rules. his dad is the coach, and crazy as it is, the kid can flat out and play. there may be a little hockey after all. the nhl has upped its offer to the players association for the first time in a month. they have been steadfast at keeping players contracts to five years. they have upped it to 6, 7 if you own a player. the ready to go. the nhl may be going back to work. >> show me that video again. is it not unbelievable? >> if he played here, he would be five rows up. she got an ipod for christmas but that is not >> a virginia woman got an unwelcome who surprise. instead of an ipad, a box full of notepads. she took the box back to walmart and after arm-twisting got a new ipad. there have apparently been other switches acros >> first snowflakes beginning to show up in the mountains of west virginia by tomorrow morning. light snow, spreads in on us. the dreaded winter remix. -- wintery mix.
he plays for a private school, not governed by florida high school athletic association rules. his dad is the coach, and crazy as it is, the kid can flat out and play. there may be a little hockey after all. the nhl has upped its offer to the players association for the first time in a month. they have been steadfast at keeping players contracts to five years. they have upped it to 6, 7 if you own a player. the ready to go. the nhl may be going back to work. >> show me that video again....
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Dec 28, 2012
12/12
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MSNBCW
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. >> i can't believe that these five people who are charged with the responsibility of governing this nation can't come to some sort of agreement to put this sdasries event off. >>> what if both sides actually are -- what do both sides stand to gain by going over the cliff in that's what our next guest points out, where he says that many of them have calculated it is better to go over the cliff, at least temporarily, than swallow a raw deal. with me is jonathan allen. it's good to have you here. break it down for us. what's in it for both sides? >> i think what is at work here is going over the fiscal cliff is a better option than the worst-scale snare i don't. it matt not be the optimal snare i don't, but for republicans, they would have an tune to vote for tack cuts. they also may figure they'll have an opportunity to negotiate for other items. they don't want to cave for president obama. on the democratic side, they're winning the public relations war on this. republicans, if you look at the polls are in the 20s right now, president obama is sitting in the mid 50s on the fiscal cli
. >> i can't believe that these five people who are charged with the responsibility of governing this nation can't come to some sort of agreement to put this sdasries event off. >>> what if both sides actually are -- what do both sides stand to gain by going over the cliff in that's what our next guest points out, where he says that many of them have calculated it is better to go over the cliff, at least temporarily, than swallow a raw deal. with me is jonathan allen. it's good...
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Dec 26, 2012
12/12
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KCSM
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all eyes are on whether the government will cut pension payments. japan also plans to double consumption tax to 10% by october 2015. but the international monetary fund says a minimum of 15% is needed for full fiscal rehabilitation. the new government says it will first tackle economic recovery and plans to draft an extra budget for the current fiscal year. >>> populous, prosperous, pushing ahead. china's rise brought it wealth, power, and problems. an income gap divides its people. pollution threatens their health. and disputes at sea strains relations with its neighbors. find out the challenges china faces, on "newsline." >>> traffic in china is said to be more of a free-for-all than an orderly procession. motorists often ignore other motorists and pedestrians too, and the pedestrians also play fast and loose with the rules. one result, lots of accidents. so authorities are taking action. nhk world's takafumi terui has the report. >> reporter: red lights don't stop these pedestrians. and crossings, who needs them? as for drivers, when they change
all eyes are on whether the government will cut pension payments. japan also plans to double consumption tax to 10% by october 2015. but the international monetary fund says a minimum of 15% is needed for full fiscal rehabilitation. the new government says it will first tackle economic recovery and plans to draft an extra budget for the current fiscal year. >>> populous, prosperous, pushing ahead. china's rise brought it wealth, power, and problems. an income gap divides its people....
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Dec 27, 2012
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KQED
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. >> he also defected from the bashar al-assad government. before that he held several high-ranking posts including the ambassador to sweden. i asked him how significant it is. >> it is very significant because one of the highest- ranking officers that have affected so far, and this man is the head of the military police and he must know a lot of things that have been going on by the army, invading the cities and killing civilians and bombarding the area with chemical weapons. he has said homs was bombed with chemical weapons. this is his statement. i think he was in a position to do this because you have all the reports coming to him. >> is it really that significant given that bashar al-assad still can count the military in multiples of tens of thousands? he is getting help from the russians, the iranians, and also has fallen out of lebanon. he looks pretty secure and appears to be acting with impunity. >> you are right. we cannot forget the fact this person has a lot of information about the use of prohibited weapons, especially this thing
. >> he also defected from the bashar al-assad government. before that he held several high-ranking posts including the ambassador to sweden. i asked him how significant it is. >> it is very significant because one of the highest- ranking officers that have affected so far, and this man is the head of the military police and he must know a lot of things that have been going on by the army, invading the cities and killing civilians and bombarding the area with chemical weapons. he...
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Dec 27, 2012
12/12
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WMAR
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the federal government continues to process requests for help. the government is providing disaster aid to individuals in somerset county. the city of crisfield was particularly hit very hard by heavy flooding that damaged hundreds of homes and marylanders would also benefit from $6 billion disaster spending bill going through the u.s. senate right now. >>> don't lose your cool. control your temper. simmer down. simmer down. you ever heard any of these? you have. >> i certainly have. and actually, i don't even need to listen to it it turns out. this morning health experts say it's healthy to get mad. that's right. >> that's great. so love it or hate it. we had some winter weather yesterday. we had a full array of weather yesterday. we weren't the only ones. we're going to take a look at the blast of winter and what it did to other communities. >> getting stranded at the airport stinks. and hundreds of people in texas who were in that situation but it really does help if your pilot is sympathetic. we're going to listen to what a captain told his p
the federal government continues to process requests for help. the government is providing disaster aid to individuals in somerset county. the city of crisfield was particularly hit very hard by heavy flooding that damaged hundreds of homes and marylanders would also benefit from $6 billion disaster spending bill going through the u.s. senate right now. >>> don't lose your cool. control your temper. simmer down. simmer down. you ever heard any of these? you have. >> i certainly...
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Dec 29, 2012
12/12
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KQED
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all these governments have debt and there's only one way to pay it back and it's to devalue their own currency. and it's a race to the bottom. >> reporter: there are other factors that could also help support gold prices. central banks worldwide have been boosting their gold holdings to diversify their portfolios, and protect against inflation. this year, central banks bought roughly 500 metric tons of gold, up 8% from last year. in addition, many small investors are buying gold as a safehaven from global instability. >> political certainty is a major driving factor. it is not just here. but, in the western europe, and in the far east. and, in china. >> reporter: strong demand for gold exchange traded funds has also helped support prices. the spider gold trust-- ticker gld-- has $75 billion in assets. and it's is backed by physical gold. it also helps that some hedge funds with bylaws prohibiting them from buying futures, can buy gold e.t.f.'s. >> so there are some people that were restricted before. they're not now, and that's supportive of the gold. >> reporter: a gold rally is not
all these governments have debt and there's only one way to pay it back and it's to devalue their own currency. and it's a race to the bottom. >> reporter: there are other factors that could also help support gold prices. central banks worldwide have been boosting their gold holdings to diversify their portfolios, and protect against inflation. this year, central banks bought roughly 500 metric tons of gold, up 8% from last year. in addition, many small investors are buying gold as a...
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Dec 25, 2012
12/12
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fearing widespread disease, the government orders all bodies removed from the city. >> you had excavators picking up the body and dumping them into dump trucks. and they were taken outside the city and put in mass graves. this is something i could never have imagined. >> light of day reveals more tragedy as the team drives to their first search location. >> in full daylight you could see the scale. people everywhere. in open spaces. it was a city in ruins. >> one of port-au-prince's largest supermarkets has collapsed with an estimated 100 people inside. a venezuelan rescue team is already on site. >> i had been tunnelling all night. making tunnels to try to get to the victims. >> relatives have gathered nearby, hoping for word of missing family members. >> the families, they sent the trucks and all the equipment. now they feel like there's hope. >> the venezuelans have located two women, but can't break through the dense concrete. >> we got too tired to keep drills with our hands. >> there's more people alive. >> i'm sure. there must be. >> using isar's heavy equipment, the rescue teams a
fearing widespread disease, the government orders all bodies removed from the city. >> you had excavators picking up the body and dumping them into dump trucks. and they were taken outside the city and put in mass graves. this is something i could never have imagined. >> light of day reveals more tragedy as the team drives to their first search location. >> in full daylight you could see the scale. people everywhere. in open spaces. it was a city in ruins. >> one of...
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Dec 29, 2012
12/12
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WJZ
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all these governments have debt and there's only one way to pay it back and it's to devalue their own currency. and it's a race to the bottom. >> reporter: there are other factors that could also help support gold prices. central banks worldwide have been boosting their gold holdings to diversify their portfolios, and protect against inflation. this year, central banks bought roughly 500 metric tons of gold, up 8% from last year. in addition, many small investors are buying gold as a safehaven from global instability. >> political certainty is a major driving factor. it is not just here. but, in the western europe, and in the far east. and, in china. >> reporter: strong demand for gold exchange traded funds has also helped support prices. the spider gold trust-- ticker gld-- has $75 billion in assets. and it's is backed by physical gold. it also helps that some hedge funds with bylaws prohibiting them from buying futures, can buy gold e.t.f.'s. >> so there are some people that were restricted before. they're not now and that's supportive of the gold. >> reporter: a gold rally is not a
all these governments have debt and there's only one way to pay it back and it's to devalue their own currency. and it's a race to the bottom. >> reporter: there are other factors that could also help support gold prices. central banks worldwide have been boosting their gold holdings to diversify their portfolios, and protect against inflation. this year, central banks bought roughly 500 metric tons of gold, up 8% from last year. in addition, many small investors are buying gold as a...
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Dec 29, 2012
12/12
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WJLA
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. >> we have a crisis of self government right now. >> if an agreement is reached it would be with the president calls a bare minimum keeping unemployment benefits for about 2 million americans in place. tough issues like spending cuts will not be tackled until next year. the next 24 hours will be crucial. richard reeve, abc 7 news. >> we have an update on former president george h. w. bush. the 88-year-old was moved out of intensive care at a houston hospital. they say that his condition continues to will improve and the family thanks everyone for their prayers and good thoughts. president bush has been in the hospital since late november for a cough. >> a deadly plane crash in russia tonight. what investigators believe happened. >> following developing news from russia, where a passenger plane has crashed as it as it attempted to land in moscow. 4 people of the eight who were on board were killed, 4 others seriously injured. and the the woman who was gang raped in india at two weeks ago has died. the police in new delhi are urging people to stay calm. there have already been riots an
. >> we have a crisis of self government right now. >> if an agreement is reached it would be with the president calls a bare minimum keeping unemployment benefits for about 2 million americans in place. tough issues like spending cuts will not be tackled until next year. the next 24 hours will be crucial. richard reeve, abc 7 news. >> we have an update on former president george h. w. bush. the 88-year-old was moved out of intensive care at a houston hospital. they say that...
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Dec 27, 2012
12/12
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CNNW
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>> i believed the government. >> 7,000 miles later on the day after christmas. she said she was pulling into a parking spot when take a listen. the car lerched forward and hit the cement wall in front of us. she strained ligaments in her foot causing massive swelling. >> and you won't drive this again? >> i will not. >> toyota has never concede d that there was a problem. but drew found a document that showed in one instance that a problem was discovered. toyota says this has nothing to do with unintended problems. drew first a big question. >> from the beginning the company maintained it doesn't have a problem. certainly nothing wrong with the system. the company said it was three things. operator error as they said was tanya's case. she stepped on the gas instead of the break. >> here is what the officer said in a statement today. this was a difficult decision especially since evaluations have confirmed the safety of the si systems. >> so it is a way that the company says we are going to put it behind us and keep the secrets out of the court. >> all right drew
>> i believed the government. >> 7,000 miles later on the day after christmas. she said she was pulling into a parking spot when take a listen. the car lerched forward and hit the cement wall in front of us. she strained ligaments in her foot causing massive swelling. >> and you won't drive this again? >> i will not. >> toyota has never concede d that there was a problem. but drew found a document that showed in one instance that a problem was discovered. toyota...
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Dec 28, 2012
12/12
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WTTG
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if the bill doesn't make it through congress before the end of the year, the government will be forced to buy vast quantities of milk under a truman era law that could send consumer milk has high as $6 to $8 a gallon because the government would be forced to pay twice the rate under the 1949 rules. fomples are would sell their milk to the government first prompting a shortage in supplies which would spike the price consumers pay. >> the farm bill is like this low hanging ornament on the congressional christmas tree that, if they just embrace, it they can automatically come up with tens of billions ever dollars in budget savings. >> reporter: the problem is the bill is stuck in the house and there appears to be no political will to move it forward. agriculture secretary tom vilsack says out of precaution, his department is preparing for the law to take effect. >> this is a bad outcome. let me be very clear about this. i don't think we should want nor should we advocate for nor should congress consider it a good outcome that permanent law goes into effect. >> reporter: and it is not just
if the bill doesn't make it through congress before the end of the year, the government will be forced to buy vast quantities of milk under a truman era law that could send consumer milk has high as $6 to $8 a gallon because the government would be forced to pay twice the rate under the 1949 rules. fomples are would sell their milk to the government first prompting a shortage in supplies which would spike the price consumers pay. >> the farm bill is like this low hanging ornament on the...
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Dec 28, 2012
12/12
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WMAR
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for the last three years garcia has been paying the government 50 dollars a month of the postal service pension and money he collects from cans. >> we are paying absolutely too much interest too much interest. >> it bothers you? >> it bothers me because it makes no sense. >> truth be told it should bother all of us. his daughter is collecting cans at work and her grandson drives him to friend houses to collect more cans and he knows his monthly money orders won't avert the cliff but it amounts to making a point and there's a point in all of this. everyone he says has to sacrifice if they want to get out of debt currently at 16.4 trillion dollars. >> it's great story and he says the country has given him so much and he he wants to give back. it's nice to see someone who is bothered and wants to do something about it. >> hopefully law mageers in d.c. will pay attention and do something like mr. garcia did. >> we will have to wait and see. >> one last check on the roads. >> yeah. so far so good. that will change tomorrow morning with snow on way. >> it always does. >> reporter: thanks a lo
for the last three years garcia has been paying the government 50 dollars a month of the postal service pension and money he collects from cans. >> we are paying absolutely too much interest too much interest. >> it bothers you? >> it bothers me because it makes no sense. >> truth be told it should bother all of us. his daughter is collecting cans at work and her grandson drives him to friend houses to collect more cans and he knows his monthly money orders won't avert...
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Dec 27, 2012
12/12
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KPIX
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defense programs will start to kick in, forcing layoffs in the public sector and for some private sector government contractors. economists predict that if congress doesn't act, all those cuts and new taxes will push the economy back into a mild recession by mid 2013. the impact of some of these new cuts and taxes wouldn't be felt immediately on january 1. that's because the irs and other agencies didn't expect it to come to this. so it could be a few weeks before workers see more money being withheld in their paychecks. cbs news in hawaii. >>> former president george h.w. bush is in intensive care at a hospital in houston. a fever that kept mr. bush in the hospital over christmas has apparently gotten worse. doctors have him on a liquid- only diet. a bush family spokesperson says the 88-year-old was alert, joking with doctors, but had yet to respond to fever- reducing medication. a bronchitis cough initially sent him to the hospital in november. >>> a cash payout coming to millions of toyota drivers. >>> right away, i thought, a card from an angel. >> lost and found. a thrift store discovery that
defense programs will start to kick in, forcing layoffs in the public sector and for some private sector government contractors. economists predict that if congress doesn't act, all those cuts and new taxes will push the economy back into a mild recession by mid 2013. the impact of some of these new cuts and taxes wouldn't be felt immediately on january 1. that's because the irs and other agencies didn't expect it to come to this. so it could be a few weeks before workers see more money being...
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Dec 27, 2012
12/12
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CNNW
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based on an ideology that calls for government to be as small as possible. the roots are as old as american politics, but philosophy's main spokesman is this man. grove norquist, whose pledge signed by almost all republicans in congress forbid them from raising taxes ever under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nations's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. they deploy the tactics that nearly shut down the government and ultimaty cost america its aaa credit rating for the first time in history. in a last minute compromise, both sides agree to a trillion dollars in spending cuts up front and another $1.2 trillion in cuts to be decided by a special congressional super committee. a poison pill was attached. if the super committee can't reach a deal, automatic across the board cuts known as the sequester would go into effect starting january 2013. at the exact moment when the bush tax cuts extended for two ye
based on an ideology that calls for government to be as small as possible. the roots are as old as american politics, but philosophy's main spokesman is this man. grove norquist, whose pledge signed by almost all republicans in congress forbid them from raising taxes ever under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nations's debt ceiling. without a deal, the u.s. would lose its ability...
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Dec 22, 2012
12/12
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FBC
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i think we allould agree we needless government. the government is totally inefficient. if it were a business it would be bankrupt. listen certainly businesses alone want to see smaller government. i hate to spike the party eggnog that the president referenced but i'll tell you what, this isn't a tax issue. if you raise taxes on the 250 and above, that will run the government for what, 25, 30 days. the problem is entitlement spending. he doesn't bring it up. he doesn't want to talk about it. there is no way this will pass the house anyway. melissa: scott, i mean, so what does that meanyou? raise taxes. we're still going to mo on in america. we're still going to get out there and try to make money. we're still going to do our thing. we'll still try to make a better future for our kids in spite of what is going on, even if we don't belve in bigger government. what do you do first? first thing r the new year looking out into the horon the way things stand? >> probably havextra drink. melissa, you're right. things don't stop on january 2nd. you make a really good poin factor
i think we allould agree we needless government. the government is totally inefficient. if it were a business it would be bankrupt. listen certainly businesses alone want to see smaller government. i hate to spike the party eggnog that the president referenced but i'll tell you what, this isn't a tax issue. if you raise taxes on the 250 and above, that will run the government for what, 25, 30 days. the problem is entitlement spending. he doesn't bring it up. he doesn't want to talk about it....
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Dec 28, 2012
12/12
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KTVU
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government with 31,000 jobs lost. what's going on here? and which stocks do you buy? does it help? > > go ahead. > > andrew's philosophy is - and i am going to speak for him - that he thinks it's a cost- cutting measure and it's good for the stock- > > of course. any time you cut costs, you cut jobs, the stock goes up. look at bank of america. the second thing- > > j.c. penney- > > j.c. penney?! they're going to zero. > > exactly! so that is not going to help their game. > > they have a bad business model. that is why they're going out of the game. > > i believe it is going to help one stock: hewlett-packard. it's a stock that- > > hewlett-packard?! > > -long been forgotten about- > > put it in the basket with dell, j.c. penney- > > put it in the basket with rim and yahoo, which have had big, big jumps. it has value, it's a name, it just needs to reinvent itself- > > what's their product they sell? > round 3) the fiscal fiasco - is this fiscal cliff a real issue for the market jan 1st? > > no. the answer is no. the market doesn't care. this is the most widely talked-about- > > why
government with 31,000 jobs lost. what's going on here? and which stocks do you buy? does it help? > > go ahead. > > andrew's philosophy is - and i am going to speak for him - that he thinks it's a cost- cutting measure and it's good for the stock- > > of course. any time you cut costs, you cut jobs, the stock goes up. look at bank of america. the second thing- > > j.c. penney- > > j.c. penney?! they're going to zero. > > exactly! so that is not going to help...
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Dec 27, 2012
12/12
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KRON
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the rate sparked widespread protests and a government panel will be assembled to look into crime and suggest ways to improve women's safety. >> south africa's president see it says former president nelson mandela has a release from the hospital. the 94 year old had been in the hospital since the beginning of this month. he was diagnosed with lung infection and also had a surgery to remove gall stones. a presidential spokesman says mandela or receive more medical care at his johannesburg, until he fully recovers. newtown connecticut officials are asking the public to stop sending gifts which the small town is struggling to manage. since the slaying of 20 students and six faculty members nearly two weeks ago the town has been the loser would guess from tens of thousands of teddy bears, barbie dolls and soccer balls to flowers, art work and school supplies. officials say they would detail the best ways to help the community after the warehouse full of items are process. >> electronic board of the nasdaq on the right and the opening bell will ring in just a few moments. we have a better
the rate sparked widespread protests and a government panel will be assembled to look into crime and suggest ways to improve women's safety. >> south africa's president see it says former president nelson mandela has a release from the hospital. the 94 year old had been in the hospital since the beginning of this month. he was diagnosed with lung infection and also had a surgery to remove gall stones. a presidential spokesman says mandela or receive more medical care at his johannesburg,...
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Dec 28, 2012
12/12
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FBC
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did they make their money within the government, being corrupt within the government? is that now they got the money? >> this brings up the size of the problem. there are two different groups. there's a group that made their money in the government meaning they have a government position or party position and also a position running a large state-owned enterprises and there's the group that made their money outside the party and was brought in. the party decided to bring in all the rich people in the country and that has advantages but one of the disadvantages is there is no one to resent except the party. they have a power and the money. stuart: what is the end game? what will be the catalyst for real change? >> the party is going to be backed into a corner, this is not something they can run from. they have to decide not to have another anti-corruption slogan effort. something that matters and take on all these people who made this money and say you can't do this anymore or eventually popular unrest will get worse and worse. there has been a moderate increase in the
did they make their money within the government, being corrupt within the government? is that now they got the money? >> this brings up the size of the problem. there are two different groups. there's a group that made their money in the government meaning they have a government position or party position and also a position running a large state-owned enterprises and there's the group that made their money outside the party and was brought in. the party decided to bring in all the rich...
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Dec 27, 2012
12/12
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KICU
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. >>> a south african government spokesperson tonight said former president nelson mandela was released from the hospital this morning. the 94-year-old was sent to the hospital 18 days ago. he was treated for a lung infection and had gull stone surgery. >>> on january 21, president barack obama will be sworn in for his second four year term. however, washington, d.c. officials are expecting much smaller crowds this time around. in 2008, a record 1.8 million visitors made their way to the capitol to participate in inauguration festivities. d.c. officials expect about 800,000 visitors for this inauguration. >>> a surprise christmas delivery. meet the south bay father who had to >>> stockings hung, decorations on the wall, and christmas dinner on the table, when a san jose family received a surprise gift last night. it was dad, not santa delivering this tiny christmas package. >> reporter: it was a gift, they were not expecting this christmas. baby conner. >> i was thinking mid-january. i guess he had his own will. >> reporter: the trouble wasn't that he was early, it was that he was fast.
. >>> a south african government spokesperson tonight said former president nelson mandela was released from the hospital this morning. the 94-year-old was sent to the hospital 18 days ago. he was treated for a lung infection and had gull stone surgery. >>> on january 21, president barack obama will be sworn in for his second four year term. however, washington, d.c. officials are expecting much smaller crowds this time around. in 2008, a record 1.8 million visitors made their...
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Dec 27, 2012
12/12
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FOXNEWSW
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government is estimated to hit $16.4 trilli $16.4 trillion borrowing limit. in a letter to congress timothy geithner says he will take several accounting measures to start the new year that. will keep the gvtmeovernment from reaching the limit until a fiscal deal is reached and the economy can save off the debt. >> let's talk about toyota? >> owners of 60 million lexus and cars from 1998 to 2010 may be getting some cash. toyota has agreed to pay more than a billion dollars to settle a class action lawsuit. toyota will create a fund for retrofitting more than 3 million cars of technology that makes it easier for them to stop. in late 2009, all of 20010 due to lower resail value of the car. toyota has not admitteded any guilt on this topic. >> they get a big chunk of change and the car owners a little bit. >> for many passengers air travel is about finding the cheeps air fair. as airlines offer more and more add-ons from early boarding to premium seating to baggage fees that ability to comparison shop is pretty much impossible. the on-line ticketers like expedi
government is estimated to hit $16.4 trilli $16.4 trillion borrowing limit. in a letter to congress timothy geithner says he will take several accounting measures to start the new year that. will keep the gvtmeovernment from reaching the limit until a fiscal deal is reached and the economy can save off the debt. >> let's talk about toyota? >> owners of 60 million lexus and cars from 1998 to 2010 may be getting some cash. toyota has agreed to pay more than a billion dollars to settle...
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Dec 27, 2012
12/12
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and to expand the government's footprint in the u.s. housing market, it's just not something that i really think we want to do, you know. the government is already involved in nine out of ten mortgages in this country. >> juliet: all right. kendra todd -- what's the last name now? matera? >> yes. >> juliet: thank you. you've seen it in the movies, but this one is very real. a shark tank suddenly bursts with dozens of people around it. i was just down at the atlantis hotel. oh, man, and there were sharks in there. oh, that's scary. this kicker put his football talents on youtube and it worked. now he's got an nfl tryout. you have to hear this story. this is one of those cool youtube success stories. we'll tell you about it i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, evertime. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpn pie. and apple. 3% back on 4 trips to the airport. it's as e
and to expand the government's footprint in the u.s. housing market, it's just not something that i really think we want to do, you know. the government is already involved in nine out of ten mortgages in this country. >> juliet: all right. kendra todd -- what's the last name now? matera? >> yes. >> juliet: thank you. you've seen it in the movies, but this one is very real. a shark tank suddenly bursts with dozens of people around it. i was just down at the atlantis hotel. oh,...
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Dec 27, 2012
12/12
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KTVU
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you'll be surprised where government officials are spending your money. >>> and call it an incentive plan. the unique program being considered by san francisco to save money on health care costs. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver only from at&t u-verse. get u-verse tv for $29 a month for six months. rethink possible. >>> taxpayer money is paying salaries and bonuses to workers and elected officials who have been suspended and convicted of crimes. that's what our washington bureau reporter macfarlane found after digging into pub records >> reporter: he orchestrated an outrageously wasteful party in vegas on taxpayers dime. 800,000 spent on expensive food, entertainme
you'll be surprised where government officials are spending your money. >>> and call it an incentive plan. the unique program being considered by san francisco to save money on health care costs. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where...
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Dec 24, 2012
12/12
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MSNBCW
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the question becomes can washington still govern itself? two, there's a realization we're in the middle of a small recovery. if we find ourselves not able to resolve this moment, it retards and slows and undermines what we see ourselves doing going forward. finally, for the life of me as someone who sfrd there, it was so distressful to watch both sides yell at each other. i feel sorry for speaker boehner. i've seen sop of your colleagues who are a little unreasonable and i dare say some democrats who are unraeasonable. what does it take to make them come together if they can't come together at this moment as close as they are. >> durable goods is up, the housing market is beginning to come back. the market is poised. but the stock market is going to react. i can't previous district, don't have the knowledge, no one does, as to what exactly is going to happen but chuck is right. the white house should get over its upset with boehner and help bail him out. one question about john boehner and eric cantor and the rest of them, if leaders can't
the question becomes can washington still govern itself? two, there's a realization we're in the middle of a small recovery. if we find ourselves not able to resolve this moment, it retards and slows and undermines what we see ourselves doing going forward. finally, for the life of me as someone who sfrd there, it was so distressful to watch both sides yell at each other. i feel sorry for speaker boehner. i've seen sop of your colleagues who are a little unreasonable and i dare say some...
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Dec 27, 2012
12/12
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MSNBCW
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so, that makes the government like the rest of us. he also referenced the impending fiscal cliff, which threatens to derail the economy if a compromise isn't be reached by next week on those big, unanswered issues. with both sides locked in a standoff, house republicans are calling on senate democrats to act first. democrats aren't budging much on their demands. they want to extend tax cuts on incomes below $250,000, prolong unemployment benefits and delay those sweeping spending cuts. while many republicans oppose new taxes for anyone, senator kay bailey hutchison says she's looking for compromise, alluding to house speaker john boehner's plan "b" that was met with stiff opposition from his own party. >> i think $250,000 is too low a threshold. a lot of working people who are couples would exceed that, and i don't think we need that kind of shock to the system. however, i've talked to some of my democratic colleagues, and they are saying maybe in the $400,000 or $500,000 category we could set a benchmark. i do think it is essential t
so, that makes the government like the rest of us. he also referenced the impending fiscal cliff, which threatens to derail the economy if a compromise isn't be reached by next week on those big, unanswered issues. with both sides locked in a standoff, house republicans are calling on senate democrats to act first. democrats aren't budging much on their demands. they want to extend tax cuts on incomes below $250,000, prolong unemployment benefits and delay those sweeping spending cuts. while...
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Dec 27, 2012
12/12
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WMAR
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treasury secretary tim geithner says tomorrow he'll begin talking about the steps to delay hitting the government's borrowing limit. that's also coming up. you got the $16 trillion limit on the december 31st. he'll use accounting measures to save. >> and antiapartheid icon nelson mandela was discharged from the hospital. he'll continue treatment at home. he was hospitalized for a lung infection. >> starbucks is getting into the fight over the fiscal cliff. they're now asking workers in all d.c. area stores to write the quote "come together" on the coffee cups they serve today and tomorrow. that company's ceo says it's the company's way of telling politicians they need to find common ground. >> hollywood has seen the number of movie tickets sold go up for the first time in three years. the industry rebounds ad there year -- rebounded this year. >> five days until the new year and they're getting ready for the countdown in times square. installation begins today for the crystal ball in the square. that ball is covered by 2700 waterford crystals and megan you said these have some significance. >> abso
treasury secretary tim geithner says tomorrow he'll begin talking about the steps to delay hitting the government's borrowing limit. that's also coming up. you got the $16 trillion limit on the december 31st. he'll use accounting measures to save. >> and antiapartheid icon nelson mandela was discharged from the hospital. he'll continue treatment at home. he was hospitalized for a lung infection. >> starbucks is getting into the fight over the fiscal cliff. they're now asking workers...
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Dec 27, 2012
12/12
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FBC
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will they put in a transitional government? >> whatever happens between now and half of 2013 anything would need to retrieve months to stabilize the country. the militia are not up for an agreement including assad. he is afraid of any agreement that they will take care about. at least the next 34 months we do not see an agreement unless russia will enforce the agreement. tracy: if we get involved is another show. iran. some days the regime is comical. >> three or four years we have claimed those sanctions are working but they are but not on the regime. they work on the people who are underdress. the regime has taken a van should stage -- advantage of the sanctions they have the leverage to syria supporting the assad regime and to love and on and destabilizing the arabian peninsula. they're doing a lot of expansion. tracy: you are so terrific t30. if it is going to be safer you answered no where close. please come back. >> happy new year. lori: the u.s. markets, not really. nothing new. the losses are getting worse 130 points on
will they put in a transitional government? >> whatever happens between now and half of 2013 anything would need to retrieve months to stabilize the country. the militia are not up for an agreement including assad. he is afraid of any agreement that they will take care about. at least the next 34 months we do not see an agreement unless russia will enforce the agreement. tracy: if we get involved is another show. iran. some days the regime is comical. >> three or four years we have...
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Dec 27, 2012
12/12
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MSNBCW
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a lot of them want to govern. i think things can happen quickly in january. >> there is a lot of talk with the gop looking ahead to the debt limit when there will be anything substantial don entitlement reform and things of that nature. and how worries are you that we could see a repeat of the possible down great of the u.s. createit rating? >> i'm concerned about it. we reached the debt limit, but tricks we can play to keep the government operating. that looks like no more than 60 days. it's an arbitrary and useless statute. denmark i think is the only other country that has something like that. this would be gamesmanship of the most dangerous kind. i hope nobody is going to play that game. i know the president said he is not going to play that game. if the republicans think they use that as leverage, they do that at their own risk. >> congressman, good luck to the cardinals. take care. >> thank you, luke. >> we are keeping our eye on how the stalemate is playing on wall street and president george hw bush is now
a lot of them want to govern. i think things can happen quickly in january. >> there is a lot of talk with the gop looking ahead to the debt limit when there will be anything substantial don entitlement reform and things of that nature. and how worries are you that we could see a repeat of the possible down great of the u.s. createit rating? >> i'm concerned about it. we reached the debt limit, but tricks we can play to keep the government operating. that looks like no more than 60...
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Dec 27, 2012
12/12
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KOFY
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. >>> with the government right on the edge now of that fiscal cliff, taxpayers are facing a lot of uncertainty as we head into the new year and for many of us the usual year-end financial strategies simply may not apply this year. 7 on your side's michael finney sorts out some of the confusion. >> reporter: when it comes to year end finances the old rules may not add up this year. >> it is difficult to do any type of tax planning and advising because nobody really knows exactly what is going to happen. >> much of the uncertainty centers around whether the united states is about to fall off that a fiscal cliff. if that happens, that would mean the end of the temporary payroll tax cuts. even if that doesn't happen, most believe taxes will go up next year. >> one of the things that is being floated right now is people are advising people to get out of dividend paying funds, high dividend yield funds and move more into tax exempt bonds and things like that that won't be taxed. >> reporter: the current budget negotiations between president obama and house speaker john boehner also could mean the re
. >>> with the government right on the edge now of that fiscal cliff, taxpayers are facing a lot of uncertainty as we head into the new year and for many of us the usual year-end financial strategies simply may not apply this year. 7 on your side's michael finney sorts out some of the confusion. >> reporter: when it comes to year end finances the old rules may not add up this year. >> it is difficult to do any type of tax planning and advising because nobody really knows...
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Dec 27, 2012
12/12
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KPIX
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a farm bill expires at the end of the year meaning the government reverts back to the 63-year-old pricing formula for milk and those costs are passed to you. nogallon of milk is about $3.50
a farm bill expires at the end of the year meaning the government reverts back to the 63-year-old pricing formula for milk and those costs are passed to you. nogallon of milk is about $3.50
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Dec 27, 2012
12/12
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MSNBCW
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first off, i want to ask you, you say in your series here that the federal government has emerged as one of the most potent factor driving income inequality. what do you mean? >> this has to do with the first story in the series, which is about tax equality. we did find the bush era tax cuts and sort of increased incomes at the top, that was a factor in reducing inequality, so it can be something that the government can do to mitigate. we tried to look at data in our series. we didn't want to be partisan about this. one factor that can help is tax policy, but the broader issue is jobs. people at the top are earning much more than they ever have. >> talks to that point about tax policy, the numbers out there, is it 250,000? is it 400,000? what is the threshold that would help to flatten this issue of income inquaet, be more progressive, perhaps? >> i think it would help to, at the top, to increase the rates. i think there's a need for training. we looked at two states along with washed. we looked at massachusetts and indiana. it's a skills economy. the manufacturing jobs where a high
first off, i want to ask you, you say in your series here that the federal government has emerged as one of the most potent factor driving income inequality. what do you mean? >> this has to do with the first story in the series, which is about tax equality. we did find the bush era tax cuts and sort of increased incomes at the top, that was a factor in reducing inequality, so it can be something that the government can do to mitigate. we tried to look at data in our series. we didn't...